Wells Fargo Securities has hired two industry veterans for its New York City public finance leadership team.
The firm hired Sally Bednar as a managing director, head of Higher Education and co-head of the Education and Nonprofit group. It also hired Rick Molke as a managing director and co-head of the Energy and Corporate group.
Bednar has more than 18 years of banking experience, primarily in public finance in the higher education sector. She has served as co-head of Morgan Stanley’s Higher Education group.
Molke has more than 35 years of public finance experience. Molke most recently was co-head of the Public Power Group at Morgan Stanley.
“As we expand the Wells Fargo Securities Public Finance Investment Banking team, we continue to recruit seasoned individuals with the industry knowledge and expertise that our clients expect,” said Peter Hill, head of the Wells Fargo Securities Public Finance Investment Banking. “With more than 50 combined years successfully executing capital markets financings, Sally and Rick can help us serve as a trusted banker for our clients and prospects.”
